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Dangers of Not Following the Financial Order of Operations

Dangers of Not Following the Financial Order of Operations

Money doesn’t come with an instruction manual, and it can be difficult to know how to optimize every dollar. The basics are simple enough; saving for retirement is good, high-interest debt is bad, but what about beyond the basics? High-level financial mistakes, like...
How to Make the Most Out of Your 401(k)

How to Make the Most Out of Your 401(k)

Congress created what we know today as 401(k) plans by adding a provision to the Revenue Act of 1978 which allowed employees to avoid taxation on deferred compensation. The plans didn’t begin to take off until 1981, when the IRS started allowing employees to fund...
3 Money Mistakes That Could Devastate Your Finances

3 Money Mistakes That Could Devastate Your Finances

Some financial mistakes are more harmful than others. It’s extremely important to get the big stuff right. Not only do you build a solid foundation, you also create a margin for error so that smaller “mistakes” don’t hurt as much. For example, if you get the big...